Fifth Third Bank Quant Analyst II - MRM. in CINCINNATI, Ohio
Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. We've staked our claim on looking at things differently to making banking a Fifth Third Better. This applies to our relationships with customers and employees alike.
We employ about 18,000 people, and what we offer is:
# A chance for employees to build their future, with supportive career development and financial wellness programs.
# An environment where we win together. We celebrate achievement and work collaboratively. We're also a three-time Gallup Great Workplace honoree.
# An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.
It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.
Enterprise Risk Management (ERM) is the process of identifying, quantifying and managing the risks that an organization faces while applying it to the overall Bank Strategy. While it is impossible to remove all risk from the organization effective risk management requires a strong risk culture and risk governance. Risk culture is the system of values and behaviors within the organization that shapes the day-to-day decisions that we all make. Developing a risk culture is a continuous process # it is consistent with, and builds upon, our Core Values, Leadership Competencies, and Code of Business Conduct and Ethics in that it is based on a common understanding that managing risk is everyone's responsibility and creates an environment that encourages the open exchange of ideas, willingness to elevate concerns, and a commitment to "doing the right thing." As such, risk culture is a critical element of the Bank's risk management efforts.
Responsible for following established guidelines and identifying and resolving problems. Individual at this level is expected to use some independence of thought but to refer more complex problems to supervisors or other experts. Individual would be expected to contribute to work flow or process change and redesign, and to form a strong basic understanding of the specifies product or process. May also be accountable for regular reporting or process administration as owner.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
This person will provide quantitative support throughout the Risk and Treasury
divisions. This will include the implementation, modeling, and validation of
quantitative models including PD, LGD, ALM, CCAR, QRM, MRM and Economic Capital
. Provideongoing support to the development and implementation of quantitative
and statistical models. Developing, maintaining, and back testing models to
support respective LOBs. Also will have responsibility for ad-hoc reporting
requests for quantitativemodeling.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
SUPERVISORY RESPONSIBILITIES: May supervise day to day work of junior level employees, but will not typically have formal management role
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Bachelor's college degree (Masters degree preferred) in quantitative analytics, economics,
statistics, engineering or a related area.
. 3 years prior work experience
. Strong verbal and written communication skills.
. Strong analytical skills.
. Ability to present a professional image.
. Ability to work in a team environment.
. Ability to multi-task and to be flexible.
. Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is
necessary. Experience with SAS, R and VBA is preferred.
. Prior management experience and evidence of leadership is a plus.
Fifth Third Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.